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A 2014 Pew analysis found that in the U.S., 29% of households fell into the low income tier and 51% of households fell into the
A 2014 Pew analysis found that in the U.S., 29% of households fell into the low income tier and 51% of households fell into the middle income tier. If income tiers are mutually exclusive events with P(low income)=0.29 and P(middle income)=0.51, what is P(low income OR middle income)
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
